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100 Pounds Palestine Saving Bond

Issuer Higher Nile Valley Authority for the Rescue of Palestine
Year 1948
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Size 240 x 110 mm
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Obverse description Elaborate letterpress vignette with dense arabesque guilloche border in mauve and red. A circular portrait medallion of King Farouk of Egypt is set at upper centre. Two denomination roundels reading '100 جنيه مصري' flank a central oval seal in red. The bond is presented with an attached left counterfoil separated by a perforated line.
Obverse lettering هيئة وادى النيل العليا لأنقاد فلسطين
المعتمدة من وزارة الشئون الاجتماعية
التوزيع الأول
١٠٠
جنيه مصري
من حضرة
امضاء رئيس الهيئة
امضاء أمين الصندوق
رقم ٠٢٢٠٥٥
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Comments

The Higher Nile Valley Authority for the Rescue of Palestine was one of several pan-Arab fundraising bodies that emerged in 1948 to support the Arab military effort following the end of the British Mandate. These bonds were instruments of wartime finance, not conventional banking notes — they were sold to the Egyptian public as a patriotic subscription, with redemption contingent on a political outcome that never arrived.

No record confirms the bonds were ever honored. Most surviving examples did not circulate in any commercial sense and were retained by purchasers as receipts of contribution rather than negotiable instruments.

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